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Une théorie normative des contrats Etats-entreprises

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  • Jean-Jacques Laffont
  • Jean Tirole

Abstract

We develop progressively models enabling us to characterize optimal contracts between government and firms when uncertainty and various types of asymmetric information (moral hazard and adverse selection) are present. We obtain normative contracts which are close to commonly used contracts with a linear sharing of overruns.

Suggested Citation

  • Jean-Jacques Laffont & Jean Tirole, 1986. "Une théorie normative des contrats Etats-entreprises," Annals of Economics and Statistics, GENES, issue 1, pages 107-132.
    • Handle: RePEc:adr:anecst:y:1986:i:1:p:107-132
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    File URL: http://www.jstor.org/stable/20075596
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    Cited by:

    1. Jean-Pierre Florens & Nathalie Naffrichoux, 1992. "Estimation du taux de partage des risques dans les contrats État-industries spatiales," Revue Économique, Programme National Persée, vol. 43(5), pages 851-870.

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